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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Aug. 17, 1945)
FOUR MEDFORD MAIL TRIBUNE )r ' Friday, Aug. 17, 1943 1 Farmer's Beware! Babion Discusses Postwar Farm Prices Navy Film Shows Kamikaze Action By Roger Babion :Babson Park, Mass., August U, (Special Correspondence) 1-have just been reading a book written for farmers by Samuel Benner who was born In Ross County Ohio, in 1832. It is 'jBenner's Prophecies" and was first published in ioid uy Robert Clark Company oi v-m clnnati. . His forecasts were based largely on the prices of ivhul. iron and pork. He was the first business statistician to make forecasts from charts. His charts dated from 1819 until his death in 1884. A free summary of his work has been distributed by the Van Camp Hardware & Iron Company of Indianapolis. Banner's MUtsks Was rhartina Only Prices , Although farmers owe much to Samuel Benner, he neverinc less made one basic mistake. In fact, if he had not. his books to day would be selling as are the works of Effingham Wilson of London who sold Benner s puDu ,ntinn in Encland. This mis- lake of Mr. Benner's was that he charted only prices ana oiu not give sufficient attention 'o the volume. He should have charted the product of the price and the volume. This is what farmers should do today, rather fhnn he mislead by Benner's theory. For instance, 1.000,000,000 bushels of wheal selling at one dollar a bushel has the same potent effect as 50,000,000 bu shels selling at two dollars per bushel. The same principle ap plies to all commodities and to business as a whole. It Is the basis of the Babsonchart, a copy of which I will gladly send to any reader without charge. This is based upon a combination of the studies of Sir Isaac Newton and Effingham Wilson. FARM CASH INCOME (Millions of Dollars) Crops 1829 5,125 1932 .... 1,097 1939 3.38 1942 8.387 1943 7,903 1944 8,696 1045 (Estimated) 9,145 Government Interference Like Darning Water Until 1914 there existed truly free markets and excepting in a few commodities which tem porarily were cornered by big speculators there had been no interference with prices. Since 1914. and especially, since 1040 the artificial regulation of pric es and production has raised havoc with forecasting. How ever, this interference is a good deal like damming a stream of water. You can temporarily slow-up the flow, but you do not destroy the water. Sooner or later this water must go over the dam. It is on this assump tion that the Babsonchart is based. Not only is the U. S. buying huge quantities of farm pro ducts, but the farmers are get ting Government bounties which upset forecasting. However, since the Atomic Bombs brought the Japanese War to a speedy end, the next few years will see a lot of trouble for one crop farmers. Twenty-five years ago the peak of World War I prices was reached. In May, 1920, prices received by farmers averaged 235 per cent of 1910-14. Just a year later the price index was down to 115. In may, 1945, the price index was 200. This means that fnrm prices more than doubled in each World War per iod. The total farm cash income was nearly five times as large In 1944 as In 1932, in fact, in 1944 it was nearly double the prosperous year of 1929. Re cently there has been a leveling off. Farmers cash Income for the first six months of 1945 was I,- 2VS-iii;is" jn ij; 4 . i-trt'H'.wij",, "The Fleet That Came to Stay," a vivid motion picture giving for the first time the au thentic story of the U. S. Navy's slugfest with Jap land-based sui cide planes in the air-sea battle of Okinawa will be shown at the Craterian theatre beginning Sun day. Based on 200,000 feet of film taken under fire by 103 camera men, this picture brings before the public the most amazing bat tle scenes between the U. S. Navy and Jap Kamikaze planes, i Here is a graphic tale of three fabulous months in which 4,232 Jap planes were destroyed. Only 10 per cent got through the U.S, air patrol but did considerable damage. George E. Gales, Jr., chief photographers' mate, U S N R, 1307 Queen Anne,, of this city was among the many navy per sonnel filming this sea drama. The comedy-musical "Delightful ly Dangerous," with Jane Pow ell, Ralph Bellamy and Morton Gould and his orchestra is the feature attraction. CIO Will Campaign For Higher Wages Washington, Aug- 17 4U.R President Philip Murray of the Congress of Industrial Organiza tions today announced that his organization would open cam paigns immediately for higher wages and unionization of unor ganized industries. He told a press conference that all of the big CIO unions which have a wage reopening clause upon the significant change in the national wage stabilization policy will ask their employers promptly for conferences to ne gotiate higher wages. Murray estimated that 70 to 80 per cent of the 6,000,000 CIO members are covered by such reopening clauses. Cloilng time for Sunday Too Late Please remember !ng that the plaintiffs are the, less); together with all water owners of the following descnb- and ditch rights appurtenant ed real property situated in Jack-1 thereto. ,r. r-nnntv Oreeon. in fee,nd for a further decree of this simple, and that the defendants ; Court quieting the title to said1 and neither thereof have any j premises In the plaintiffs in fee j right, title, interest, lien or eswi j pimple ana restraining me ne in or to said described premises . fendants and each thereof from or any part thereof: asserting any right, title, interest. The southwest quarter of the lien or estate in or to said de OF HALF MILLION PEACETIME PLAN Washington, Aug. Chairman David I. 170J.R Walsh, D.. FLASH FIRES SET NOTICE In the County Court of the State of Oregon for Jackson (jounty. In the Matter of the Estate of Caroline Johnson," deceased. Notice is hereby given that the undersigned has filed his Final Account in the above en titled matter, and the above en titled Court has fixed September 8, 1945, at 10:00 o'clock A. M., in the County Court room in the Courthouse in Medford, Jackson County, Oregon, as the time and place for hearing objections to said Final Account, and for the settlement thereof. THOMAS J. JOHNSON, Executor. Harry C. Skyrman, Attorney for Estate. only 40 million dollars above! Mass., of the Senate Naval Af- the same period last year, in cluding government payments. Government Livestock Payments 6.171 2,746 4,511 8.8B7 11.349 11,532 11,118 0 0 807 697 672 817 779 Total 11,296 4,743 8,684 16,071 19,924 21,045 21,042 lizer. In the long run, the cost of a product determines the selling price, but there is al ways a slump before prices are adjusted to costs. For a few years following World War II, only little attention ,wlll be given to farmers' costs, notwith standing the following wage table. Annual Avcrnge June 1, June 1, FARM WAGE RATES 1910-14 1935-39 1042 1945 Per month, with board $22.09 $26.01 $42.93 $81.28 Per month, without board 29.18 34.17 52.79 ' 93.10 Per day, wllh board 1.16 1.23 1.89 3.65 Per day, without board 1.42 1.50 2.11 4.16 Postwar Outlook Sees Price Slump When I tell farmers that a big dump In farm prices will come during the next few years, they reply by reciting their In creases in costs, higher wages, higher taxes and higher every thing from implements to fertl- All the above means that the wise farmer will today not over- expand or buy more land. He will first get out of debt; second ly, he will buy agricultural in plements and make repairs to reduce his postwar costs; nnd thirdly, he will save money, through buying government bonds nnd accumulating a good bank account for the trouble some years which are ahead.. Special Notei The above mcs sage to farmers Is all the more important now that Japan has surrendered. Do not be so jubi- INSIST ON (""H ' TtFINtRT )CXE0 SUCJJf IS OOUIlt A nun hgj eaHamaMM OtANuiAtfb M lant about getting your boys home that they will find a farm burdened with debt or a father who has failed to recognize and prepare for the slump in certain agricultural prices which is bound to follow. . The entrance of Russia into the War and the surrender of Japan do not change my opinion on the investment outlook. I am still bullish on most common stocks, with the exception of shipping, airplane and muni tions. I am still bearish on the railroads and believe they will suffer with the one crop farmers. Girl War Workers Beat Gas Ration By Riding Horses Stonrham, Colo.. Aug. 7 (U.R) Two girl war workers, undefeat ed by the vacation transporta tion problem, were ncaring Sloneham today after a 1200 mile horseback ride from Los Angeles. The pair. Virginia Conradson of Stonrham and Eileen Holt of Sturgeon Bay, Wis., left Los Angeles July 8 Intent on reach ing Colorado without braving the storm of clogged rail sta tions. Both well-tanned and healthy, the girls reached Denver in time for the victory celebration. They said they traveled 30 to 35 miles a day, sleeping by the roadside at night in bedrolls. Their horses, on the fourth set of horseshoes since the beginning of the tourney, were watered from soft drink bottles in the Arizona desert and fed boxes of breakfast oats. fairs committee, estimated to day the permanent peacetime strength of the navy will be ap proximately 500,000 officers and men. The navy now numbers 3,800, 000. It will be reduced by around 2,000,000 in a year. Walsh told reporters that he discussed the questions of de mobilization and postwar strength with Secretary of Navy James V. Forrestal. "Congress will fix by law fu ture strength of the navy," Walsh said. "In my opinion it will be approximately 500,000 officers and men." Hold Some Draftees Walsh said he urged demobili zation of as many men as the navy can spare, but agreed with Forrestal it will be necessary to hold "most" of the drafted men in the Pacific until conditions in Japan are stabilized. Walsh said the transfer of re serve officers and men who de sire to stay with the navy will be arranged "as soon as possi ble." He said the regular navy personnel now is insufficient to man the number of vessels and stations that will be necessary In the postwar period. He said transfers will be made on a mer it system depending on age and records of service. Herman Reichard, G. P. Presbyterian Pastor Succumbs Portland. Ore., Aug- 17 (U.R) Funeral services in Grnnts Pass are being arranged today for Dr. Herman S. Reichard, Presby terian leader, who died Wednes day night in a Portland hospital. Dr. Reichard was pastor of the Grants Pass Presbyterian church for 10 years and recent modera tor of the Oregon Synod. Born in Ohio in 1876, he attended Heidelberg college in that state and completing theological work at Dayton, O , he was ordained In 1901. In 1921 he went to Walla Walla, Wash-, as pastor of First Presbyterian church there and came to Portland in Decem ber, 1929. He took over the pas torate lit Grants Pass in 1935. Portland, Ore., Aug. 17 'U.R) Flash fires set by lightning in the Madras headquarters area and a small flare-up in the Wil son river fire district south of the Consolidated Timber Com pany camp mark the only changes in the two burning fronts in the state, state foresters said today. The Madras fires in the Warm Springs Indian reservation were quickly brought under control. A mop-up campaign against the Clear Creek and other big blazes was reported going smoothly with predictions that some of the men now on the lines would be relieved in a few days. Patrol of the fire lines will be maintained, however. A flare-up near Consolidated was caused by a burning snag that fell across fire lines, but new trails were quickly con structed around the fire and the blaze was controlled. Church Poor Boxes Robbed For Living Chicago, Aug. 17 (U.R) Julius Goss, 59, told police today he had made a living for 48 years by robbing church poor boxes- When police arrested him they found $50 in coins in his room, $185 in currency, and a bank book showing $450 deposited. Goss said he usually counted on a $20 take each Sunday. They also discovered a pencil tipped with chewing gum. which Goss said he used to lift coins from poor boxes. MOUNTAnSfOFFOOD FOR BOILERMAKERS PICNIC Portlnnd, Ore., Aug. 17 (U.R) Hungry? The menu given for an annual Boilermakers picnic at Bonnie Lure park near Portland this week-end consists of 200 lambs, 1500 cases of beer, potato salad In o5-gallon barrels, 15,000 ears of corn and etc. Approximately 10.000 persons are expected for the week-end picnic and to top it off it's on the house. The union is footing the bill. Summons For Publication IN THE CIRCUIT COURT OF THE STATE OF OREGON FOR JACKSON COUNTY. JAY PORTER and ALFREDA J PORTER, husband and wife, plaintiffs, vs- R. E. KINGS BURY and JANE DOE KINGSBURY, his wife, her true given name being to the plaintiff unknown; GEORGE MEGERLE and JANE DOE MEGERLE. his wife, her true given name being to the plain tiff unknown; WM. F. JONES and JENNIE JONES, his wile; and all unknown heirs of said defendants if they or either j thereof be deceased, and also all persons and parties un-1 known claiming any right, title, interest, lien or estate in or to the premises described in this complaint, defendants. To the above named defend ants and each thereof: You and each of you are here by notified and required to ap pear in the above entitled Court and cause and answer the com plaint of plaintiffs within four (4) weeks from the date of the first publication of this sum- ! mons upon you, which is the 3rd day of August, 1945, and if you fail to appear and answer within the time required, for want thereof, the plaintiffs will apply to the court far the relief nraved for in their complaint, to-wit: For a decree of the court decree- nnrthoaot auarter. ana me northwest quarter of the south east quarter of Section 4, Township 38 south, Range 4, West of the Willamette Meri dian; (excepting and reserv ing therefrom that part there of lying on the west side of Evans creek and more parti cularly described as follows: Commencing at the northwest corner of the southwest quart er of the southeast quarter of said Section 4, running thence east to the center of Evans Creek, thence following north westerly up the center of Evans Creek to the northwest corner of the southeast quarter of Section 4, thence south to the place of beginning) also: com mencing at a point 19 rods and 5'4 feet north of the southeast corner of the southwest quart er of the northeast quarter of Section 4, Township 36 south, Range 4, West of the Willam ette Meridian; thence running north to the northeast corner of the aforesaid tract; thence west along the north line of said tract 18'-i rods; thence south 61 rods 6V2 feet, thence east 13'8 rods to the starting point; (excepting therefrom, beginning at the center line of Ivans Creek at a point 720 feet west of the southeast corner of the northwest one quarter of the southeast one quarter of Section 4 in Town ship 36 South, Range 4 West of the Willamette Meridian in Jackson County, Oregon; thence running east 720 feet; thence north BOO feet; thence west 790 feet; thence north 50 degrees west 270 feet: thence west 220 feet to the center line of Evans Creek: thence south easterly, along the center line of Evans Creek (the course and distance being approximately south 25 degrees east 1180 feet) to the point of beginning, containing 20.1 acres, more or scribed premises or any part thereof. This summons is served upon you by publication !n the Med ford Mail Tribune once a week for four (4) consecutive weeks by Order of Honorable H. K. Hanna, Judge of the above entitled Court, which Order was made on the 2nd day of August, 1945. Last day for appearance is August 31. 1945. GUS NEWBURY. Attorneys for Plaintiffs U. S. National Bank Building, Medford, Oregon. i?'!iii'lri'f"-"''ri(llfw We Offer for Sale Our CIRCULAR Located 17 Miles North of Medford on the Crater Lake Highway Daily Capacity 20,000 Feet 125 H. P. Diesel Motor and other necessary equipment Gulf Red Cedar Company, Inc. S. C. Star Route, Eagle Point, Oregon Telephone Eagle Point 2315 L. C. TAYLOR GO. pays the HIGHEST MARKET PRICES If you have a CAR or TRUCK to sell, we advise felling it now. . Call or Phone Dodge-Plymouth Dealer L 0. TAYLOR GO. Phone 2965 SALE ONE COMPLETE SAWMILL BLOWER SYSTEM 40 hp., 1800 RPM, 440 volt motor One 45-inch fan and extrance cone Approximately 180 feet of 19-inch discharge pipe. One 5-ff. Separator TO BE SOLD AS A UNIT ONLY ALSO one 8-saw foot operated trimmer. ROGUE RIVER LUMBER Rogue River, Oregon . . . Phone Rogue River 5 Neither Giant nor Lee were full general during the Civil War. Grant, however, vas made one afterwards, to become the first. There is no record of Washington ever having been appointed a full general. the WAFFLES YOU MAKE! Cloalnc tlm for CI unified Arft 30 m 100 to L lUMlfy 12 1.1 p m IT Iiejtsd MCIPIS I for oil I POPULAI W. 1 J FRUITS and Hera's the Quick, Easy Way to Make Marvelous PEACH JAM 4 Cups Ground Pvachtt Cup Sugar M Cup UmoB uW 1 Packag M.CF. PkH& Wash, pl, and rmoT tdti from 4 pounds tuny tip pacnm; grind in nun. Mtxttut xacuy wvii cups 01 th around iwachM (add waloi to till out last cup, 11 necMsviryl in a lata kitl. Add ih M C P Pectin and kmon lute. 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Come in and see us . . . talk to our regular mechanics ... let them tell you about the pleasant working conditions at Rogue River Chevrolet! See Jerry Whitlock, Service Manager ROGUE RIVER GHEV 9th & BARTLETT TELEPHONE 2288 CwUf. 'Jim!